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Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2018: Currency and coins $ 610 Balance in checking account 3,200 Customer
Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2018:
Currency and coins $ 610
Balance in checking account 3,200
Customer checks waiting to be deposited 2,900
Treasury bills, purchased on 11/1/2018, mature on 4/30/2019 4,000
Marketable equity securities 9,300
Commercial paper, purchased on 11/1/2018, mature on 1/30/2019 4,400
What amount will Cashmere Soap include in its year-end balance sheet as cash and cash equivalents?
$15,110.
$11,110.
$24,410
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